Accounting Specialist, Office of the Bursar - UT Chattanooga

University of Tennessee•Chattanooga, TN

3h•$45,000 - $48,000•Onsite

About The Position

The Accounting Specialist performs advanced accounting and related clerical duties in connection with the receipt, depositing, and recording of all monies collected by the Bursar's Office according to University policies and procedures.

Requirements

Knowledge of accounting, reconciliation, and cash management.
Strong organizational, interpersonal skills, and communication skills.
Strong problem-solving skills.
Computer skills in Microsoft Word and Excel.
Ability to perform accurately during peak times, multi-task and provide quality customer service to the university community.
High school diploma.
2 years of experience working in a college or university environment and with the public, handling large sums of cash, verifying and proofing checks and banking deposits; or an equivalent combination of education, training, and experience.

Nice To Haves

Bachelor’s degree in a relevant field.
2 years of experience working in a Bursar’s office or banking institution.
Knowledge of IRIS and/or BANNER systems is preferred.

Responsibilities

Reconciles and posts bank deposits against the daily bank download from local banking institutions for all departments within the Chattanooga campus.
Resolves all issues with the bank for discrepancies.
Identifies ACH/EFT for the campus.
Accurately accounts numbers and amounts of each deposit into the proper banks on the daily transmittal.
Verifies electronic funds transferred monies (EFT) from Knoxville to be transmitted daily on the transmittal to proper students’ account.
Serves as campus contact for unresolved deposits, parked cash documents, and cash entries.
Processes all debit memos to the proper account for returned checks, disputed credit card transactions and forwards correspondence to departments for merchant response.
Processes all manual refunds from Financial Aid for Parent Plus Loans, Donor returns, Veteran payments and enters these requests into the BANNER system prior to approval.
Ensures paper Plus loans are endorsed properly prior to deposit.
Verifies and posts all ACH payments for the Bursar's Office from bank download for VA Chapter 33 payments, Vocational Rehab payments and international payments.
Processes payments to the proper department for new Conference payments managed by the Bursar's office.
Proofs all deposits for the Bursar's Office Customer Service Specialist daily prior to submission to the bank.
Verifies incoming and outgoing bank bags from departments for transport to local banking institutions.
Posts and processes ACH student payments to the Banner system.
Responsible for the setup and training of credit card machines in the Bursar’s Office and other UTC departments and serves as the liaison between the merchant and UTC.
Performs testing online departmental credit card payments that are being processed to the correct ledger account before approving it for production.
Responsible for ongoing training of current and new employees that are required to make deposits in other units on campus.
Notifies departments of transactions that need to post to the University clearing account prior to month end.